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Released March 13, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
EDF Renewables Begins Operation of Missouri Windfarm - EDF Renewables North America announced that its 100-megawatt Stoneray Windfarm in Minnesota is now fully operational. (Project 300164196) (Business Wire)
PRODUCTION
U.S. Natural Gas Production, Consumption to Reach Record in 2019 - U.S. dry natural gas production will rise to an all-time high of 90.73 billion cubic feet per day (Bcf/d) in 2019 from a record high of 83.35 Bcf/d in 2018, according to the Energy Information Administration's Short Term Energy Outlook on Tuesday. The latest March output projection for 2019 was up from EIA's 90.16-Bcf/d forecast in February. (Reuters)
LNG
BP, Exxon to Help Advance Alaska LNG Project - Alaska Gasline Development Corp said it signed an agreement with BP plc (NYSE:BP) and Exxon Mobil Corporation (NYSE:XOM) (ExxonMobil) to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project. BP and ExxonMobil produce massive amounts of oil in Alaska and have discovered huge gas resources that are stranded in the North Slope. The Alaska LNG project is designed to liquefy 3.5 billion cubic feet per day of gas for sale to customers in the Asia-Pacific region from a facility to be built in Nikiski on the Kenai Peninsula south of Anchorage. It includes an 807-mile pipeline from the North Slope. (Projects 300114679, 300104817, 49000250) (Reuters)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
POWER
EDF Renewables Begins Operation of Missouri Windfarm - EDF Renewables North America announced that its 100-megawatt Stoneray Windfarm in Minnesota is now fully operational. (Project 300164196) (Business Wire)
PRODUCTION
U.S. Natural Gas Production, Consumption to Reach Record in 2019 - U.S. dry natural gas production will rise to an all-time high of 90.73 billion cubic feet per day (Bcf/d) in 2019 from a record high of 83.35 Bcf/d in 2018, according to the Energy Information Administration's Short Term Energy Outlook on Tuesday. The latest March output projection for 2019 was up from EIA's 90.16-Bcf/d forecast in February. (Reuters)
LNG
BP, Exxon to Help Advance Alaska LNG Project - Alaska Gasline Development Corp said it signed an agreement with BP plc (NYSE:BP) and Exxon Mobil Corporation (NYSE:XOM) (ExxonMobil) to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project. BP and ExxonMobil produce massive amounts of oil in Alaska and have discovered huge gas resources that are stranded in the North Slope. The Alaska LNG project is designed to liquefy 3.5 billion cubic feet per day of gas for sale to customers in the Asia-Pacific region from a facility to be built in Nikiski on the Kenai Peninsula south of Anchorage. It includes an 807-mile pipeline from the North Slope. (Projects 300114679, 300104817, 49000250) (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
